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Money And Credit Statistics (Million Naira)

  Year 2011
Month October November December
Broad Money (M2) 12,172,500.07 12,210,412.37 13,303,494.50
-- Narrow Money (M1) 5,798,198.38 5,773,221.95 6,771,581.49
---- Currency Outside Banks 1,037,603.52 1,069,397.15 1,245,135.35
---- Demand Deposits 4,760,594.86 4,703,824.81 5,526,446.14
-- Quasi Money 6,374,301.70 6,437,190.41 6,531,913.01
Net Foreign Assets (NFA) 6,724,513.83 6,623,233.60 7,138,672.78
Net Domestic Assets(NDA) 5,447,986.24 5,587,178.77 6,164,821.72
-- Net Domestic Credit (NDC) 10,270,045.34 11,209,783.76 13,686,730.20
---- Credit to Government (Net) -1,368,380.00 -1,193,107.79 -496,861.62
---- Memo: Credit to Govt. (Net) less FMA 2,380,411.27 1,843,126.46 2,739,253.96
---- Memo: Fed. and Mirror Accounts (FMA) -3,748,791.27 -3,036,234.26 -3,236,115.57
---- Credit to Private Sector (CPS) 11,638,425.34 12,402,891.55 14,183,591.82
--Other Assets Net -4,822,059.10 -5,622,604.99 -7,521,908.48
Reserve Money (Base Money) 2,365,592.76 2,342,193.14 2,784,065.43
--Currency in Circulation 1,358,967.97 1,390,961.08 1,566,046.44
--Banks Reserves 1,006,624.79 951,232.06 1,218,018.99
       
Data for the month of April 2013 are provisional.
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Facts : 12/12/2000
The West African Monetary Institute (WAMI):The West African Monetary Institute (WAMI) - http://www.wami-imao.org/ is saddled with the responsibility of facilitating the realization of the single monetary union of the WAMZ. The institute is located in Ghana.
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